AccelOne’s Solution for a DeFi FinTech Company

Innovating Digital Assets Lending: AccelOne developed a scalable, secure, and flexible solution for a FinTech company revolutionizing decentralized finance (DeFi).

Written by Scott Craig|Posted on July 31, 2023

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The Business Requirement

The client sought to innovate the digital lending market by offering a decentralized finance platform that provides an alternative to traditional financial systems, focusing on high-profile transactions and preparing to scale as demand grows.

Business Solution:

AccelOne assembled a team of top engineers and designers to develop a scalable product that supports digital lending in a decentralized finance environment. The solution focused on security, usability, and the flexibility to adapt to a rapidly evolving crypto market.

The Technical Solution

AccelOne gathered a team of the best engineers and designers in the crypto space, with the most brilliant minds of Latin America, including PhDs in engineering, physics, and mathematics, to create a solid, scalable, and efficient product for our client.

The technology used to create and deploy the client solution included:

  • AWS for the cloud services using Terraform
  • CI / CD within those services
  • Nodejs for the API and integrations
  • Containers
  • ReactJS for the web application

AccelOne created a team to meet the client’s specific needs. The team was made up of the following roles:

  • Chief operations officer
  • Project manager
  • Integration back end engineers
  • Front end team Leader
  • Front end engineers
  • QA automation engineers
  • DevOps
  • UX / UI designers (Fintech oriented)

The Challenges

The fast-paced evolution of the crypto market required frequent feature changes, while the platform had to be secure and scalable to handle high-profile transactions.

  • Flexibility: As crypto business is evolving fast and mutating in several different branches, AccelOne’s team worked in a quite dynamic agile environment, changing and adding features quite frequently.
  • Scalability: The platform is oriented to particular businesses with a small number of high profile transactions, but it is also prepared to scale to a high frequency version when required.
  • Security: This is perhaps the most important topic in FinTech. To achieve a high level of security, the key was focusing on the design and implementation, done with a daily collaboration between designers, engineers, and DevOps. Different levels of security tests are performed periodically.
  • Availability: Based on the same principles of security and scalability, but adding the permanent monitoring services to detect any service shortage in real-time.

The Results

The platform was successfully launched, offering users a simple and secure interface for digital lending. The client’s user base and transaction volume are growing steadily, and the platform is scalable to meet future needs.

  • The usability of the product (UI) provides a unique simplicity to the users, generating long term engagements.
  • The user base and transaction volume is growing everyday.

AccelOne’s expertise in decentralized finance and agile development helped the client deliver a unique, secure, and scalable digital lending solution, positioning them as an innovator in the DeFi space.

Scott Craig

Scott Craig

CEO

Co-Founder

Kirkland, WA, USA

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